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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (40669)	6/17/2002 6:33:49 AM
From: Ron McKinnon	Read Replies (1) \| Respond to of 53068

>>>Of the nearly 300 stocks that have doubled in price during the past year, all but 17 have market values below $1 billion, according to Baseline, which tracks stock prices that is one of the main reason why these have done so well there is a vast amount of money in the fund world with low float small caps a very small amount of buying can move the stock price as an example, the ENTIRE market value of that group of 300 stocks is LESS than what the market cap of say GE INTC MSFT etc were at the peak so if a few funds play the monkey see game they can move a stock or a sector at will it is six months to a year late for this new "nifty 300" but is does show that in a horrible 3 year market there was big money to be made PS I'm thinking of taking on a new position today in KRB, for the Z also any input?